VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Enpro Inc. (NYSE:NPO – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,680 shares of the industrial products company’s stock, valued at approximately $1,387,000.
Other institutional investors also recently bought and sold shares of the company. California State Teachers Retirement System boosted its stake in shares of Enpro by 34,727.3% during the second quarter. California State Teachers Retirement System now owns 8,950,957 shares of the industrial products company’s stock worth $3,373,884,000 after buying an additional 8,925,256 shares during the period. BlackRock Inc. acquired a new stake in Enpro during the 2nd quarter worth approximately $1,268,036,000. Wasatch Advisors LP lifted its position in Enpro by 8.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,153,237 shares of the industrial products company’s stock worth $260,632,000 after acquiring an additional 87,446 shares during the period. Invesco Ltd. grew its stake in shares of Enpro by 7.4% in the 4th quarter. Invesco Ltd. now owns 886,043 shares of the industrial products company’s stock valued at $189,728,000 after purchasing an additional 60,704 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Enpro by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 526,889 shares of the industrial products company’s stock valued at $112,840,000 after purchasing an additional 16,772 shares during the period. 98.31% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have recently weighed in on NPO shares. Zacks Research raised shares of Enpro from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. began coverage on shares of Enpro in a research report on Monday, July 20th. They issued an “overweight” rating and a $420.00 price objective for the company. Weiss Ratings lowered Enpro from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. KeyCorp boosted their target price on Enpro from $345.00 to $370.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Finally, Wall Street Zen downgraded Enpro from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $358.33.
Enpro Stock Performance
NYSE:NPO opened at $301.14 on Friday. The company has a quick ratio of 1.43, a current ratio of 2.28 and a debt-to-equity ratio of 0.36. Enpro Inc. has a fifty-two week low of $202.00 and a fifty-two week high of $390.42. The stock has a market cap of $6.37 billion, a PE ratio of 146.90, a price-to-earnings-growth ratio of 2.10 and a beta of 1.55. The firm’s fifty day simple moving average is $319.47 and its 200-day simple moving average is $304.26.
Enpro (NYSE:NPO – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.18. Enpro had a net margin of 3.60% and a return on equity of 11.83%. The business had revenue of $338.80 million during the quarter, compared to the consensus estimate of $323.68 million. During the same quarter last year, the firm posted $1.25 EPS. The business’s revenue was up 17.6% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 9.300-9.800 EPS. Analysts expect that Enpro Inc. will post 9.55 earnings per share for the current fiscal year.
Enpro Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Enpro’s dividend payout ratio (DPR) is 62.44%.
About Enpro
Enpro Inc is an industrial technology company that develops and supplies products and services for critical applications where reliability, safety, and performance are essential. Its offerings serve customers in markets such as semiconductor manufacturing, industrial processing, power generation, aerospace, chemical and petrochemical processing, and other demanding operating environments.
Through its Sealing Technologies businesses, Enpro provides engineered sealing systems, gaskets, packing, diaphragms, fluid-handling components, and related maintenance and field services.
See Also
- Five stocks we like better than Enpro
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Want to see what other hedge funds are holding NPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enpro Inc. (NYSE:NPO – Free Report).
Receive News & Ratings for Enpro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enpro and related companies with MarketBeat.com's FREE daily email newsletter.
